Future plc has reached an agreement to acquire U.S.-based rival Purch's consumer-facing brands, as well as its RAMP ad tech platform, for $132.5 million (£102 million), significantly expanding the London-based technology publisher's already growing North American footprint. Under the terms of the deal, expected to close in August, assets including Tom's Guide, Tom's Hardware, Live Science and Space.com, among other digital media brands—as well as Purch's multimillion-dollar ad tech licensing business—will join Future's U.S. portfolio, alongside consumer-facing brands such as PC Gamer and MacLife, and NewBay Media, which Future acquired in April for $13.8 million. "The two businesses share similar cultures," said Future CEO Zillah Byng-Thorne in a statement. "We both share our audiences' passion, we're data-driven, ambitious, and both have an innovative mindset. From day one, Future will be number-one in the U.S. consumer technology sector, and beyond this we see clear opportunities for combined growth." Not included in the sale to Future U.S. is Purch's small business-focused b2b unit, a portfolio whose properties include Business.com and Business News Daily as well as the online platform BuyerZone. That unit, which itself has expanded substantially in recent years under SVP and GM Aaron Bailey, will be rebranded as Business.com after the acquisition closes. "Our focus on content and commerce and the development of proprietary monetization technology enabled us to build a... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2018-07-19 00:00:00 UTC ]
Ahead of this year's American Librarian Association conference, librarians are joining forces to seek out “the good stuff” to celebrate and sharing strategic practices to counter challenges leveraged increasingly at comics and graphic novels. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-07 04:00:00 UTC ]
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A Black Muslim leader is bringing his life story and work to Broadleaf; novelists Tosca Lee and Marcus Brotherton are joining forces on a WWII story coming from Revell, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-08-24 04:00:00 UTC ]
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In rather heartwarming news, bestselling novelist James Patterson is working with Scholastic Book Clubs to tackle literacy inequity. On Monday, Scholastic announced that Patterson had donated $1.5 million to help launch “The United States of Readers,” a classroom initiative created to address... Continue reading at Literrary Hub
[ Literrary Hub | 2021-09-28 17:26:56 UTC ]
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In a trading update, Bloomsbury has said it expects its annual revenue and profit to be "well ahead" of market expectations for the financial year ending 28th February 2021, although down on 2020's figures. Continue reading at The Bookseller
[ The Bookseller | 2021-01-29 02:27:52 UTC ]
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Having risen by a slim 1.1 percent over 2018, the United States' book industry logged $25.63 billion in overall annual revenue in 2019. The post US Market Statistics: The AAP StatShot Annual Report for 2019 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-07-31 15:51:24 UTC ]
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The story of shrinking magazines and fewer ad pages is anything but new. However, the lack of transparency in data reporting for print magazines leaves a lot of unanswered questions about how thin things really are. Given that we are no longer able to track and accurately report on ad buys in... Continue reading at Folio Magazine
[ Folio Magazine | 2019-09-10 17:08:30 UTC ]
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Indie press Open Pen and Newham Bookshop are joining forces to host a fundraiser for the homeless in East London. Continue reading at The Bookseller
[ The Bookseller | 2019-07-22 07:47:05 UTC ]
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Tool of North America has signed South Korean director Na Frenette to its content roster. Frenette began her career as a documentarian reporting on social issues in Korea and has also contributed to experiential art exhibits like Detroit’s Flower House. She has worked for companies including... Continue reading at Advertising Age
[ Advertising Age | 2019-05-22 14:01:57 UTC ]
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The Eccles Centre at the British Library is joining forces with Hay Festival on the Centre's £20,000 Writer’s Award, which will become the Eccles Centre and Hay Festival Writer’s Award. Continue reading at The Bookseller
[ The Bookseller | 2019-01-18 00:00:00 UTC ]
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HarperFiction is joining forces with the Comedy Women in Print Prize, with the publisher offering the winner a publishing contract and £5,000 advance. Continue reading at The Bookseller
[ The Bookseller | 2018-12-17 00:00:00 UTC ]
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Future plc has reached an agreement to acquire U.S.-based rival Purch's consumer-facing brands, as well as its RAMP ad tech platform, for $132.5 million (£102 million), significantly expanding the London-based technology publisher's already growing North American footprint. Under the terms of... Continue reading at Folio Magazine
[ Folio Magazine | 2018-07-19 00:00:00 UTC ]
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Roald Dahl Literary Estate is joining forces with a new crowd-funded audio player for children, Yoto. Continue reading at The Bookseller
[ The Bookseller | 2017-11-21 00:00:00 UTC ]
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Cross-industry alliances that prioritize consumer data privacy and aim to compete with the Facebook-Google duopoly are hot in Germany. The post German publishers are joining forces against the duopoly appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-08-30 00:00:00 UTC ]
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Le Monde and Le Figaro have paired up to offer a scaled digital ad proposition, and 15 other publishers are pooling audience data to rival the duopoly. The post French publishers are joining forces to take on Google and Facebook appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-07-10 00:00:00 UTC ]
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Literary agency Lucas Alexander Whitley and TV and digital agency Factual Management are “joining forces”, the companies have announced. Continue reading at The Bookseller
[ The Bookseller | 2017-06-15 00:00:00 UTC ]
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For venture-backed digital publishers, getting to $100 million in annual revenue is the holy grail, but one few will achieve. The post The $100 million wall: Digital media’s scale struggles appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2017-03-27 00:00:00 UTC ]
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Children’s author Sally Nicholls and A Series of Unfortunate Events illustrator Brett Helquist are joining forces on a new series with Nosy Crow. Continue reading at The Bookseller
[ The Bookseller | 2017-03-10 00:00:00 UTC ]
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Book wholesaler Gardners saw revenue grow 8.5% in the year to the end of February 2016, with profit also up. Continue reading at The Bookseller
[ The Bookseller | 2016-09-28 00:00:00 UTC ]
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Two mainstays of children’s publishing have teamed up to create a picture book, "In Plain Sight" (Roaring Brook, Sept.). Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-05-11 00:00:00 UTC ]
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Harlequin UK and Harlequin North America are joining forces to jointly acquire and promote fiction for their respective trade imprints across world English markets. Continue reading at Publishers Weekly
[ Publishers Weekly | 2016-04-13 00:00:00 UTC ]
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